AI Summary
In this report, Argaam monitors the movement of Tadawul-listed stock prices during the auction period that follows the regular trading time. The Auction period lasts 10 minutes between 3 pm and 3:10 pm.
The table below compares the performance of Tadawul All Share Index (TASI):
|
TASI Performance During April 2 Auction |
|||
|
|
Market closing time (3:00 PM) |
Auction closing time (3:10 PM) |
Variation |
|
TASI (Points) |
8,924 |
8,935 |
+11 |
|
Value Traded (SAR mln) |
3,282 |
3,356 |
+74 |
|
Volume Traded (mln shares) |
127.4 |
130.0 |
+2.6 |
|
Number of transactions |
107,976 |
109,577 |
+1,601 |
The Index added 11 points during the auction period, with a value traded of SAR 74 million in 1,601 transactions, increasing its daily gains to 38 points. The volume traded represented 2.2 percent of total day’s activity.
Below is a track of individual stock movements post trading hours:
|
Decliners (SAR) |
|||
|
Company |
Market Closure (3:00 PM) |
Auction Closure (3:10 PM) |
Variation |
|
Al Khabeer REIT |
10.12 |
10.00 |
(1.19%) |
|
Samba |
39.30 |
39.00 |
(0.76%) |
|
ACIG |
21.92 |
21.78 |
(0.64%) |
|
Chubb Arabia |
22.64 |
22.50 |
(0.62%) |
|
SEC |
16.40 |
16.30 |
(0.61%) |
|
BCI |
23.24 |
23.12 |
(0.52%) |
|
Shams |
30.95 |
30.80 |
(0.48%) |
|
Malath |
11.12 |
11.08 |
(0.36%) |
|
Al Rajhi REIT |
8.42 |
8.40 |
(0.24%) |
|
SIDC |
8.80 |
8.78 |
(0.23%) |
The following stocks gained during the auction period:
|
Gainers (SAR) |
|||
|
Company |
Market Closure (3:00 PM) |
Auction Closure (3:10 PM) |
Variation |
|
Saudi Cement |
58.50 |
59.00 |
+0.85% |
|
NCB |
56.00 |
56.40 |
+0.71% |
|
Tawuniya |
59.00 |
59.40 |
+0.68% |
|
Nama |
26.30 |
26.45 |
+0.57% |
|
Ma’aden |
54.90 |
55.20 |
+0.55% |
|
Saudi Chemical |
32.30 |
32.45 |
+0.46% |
|
JAZADCO |
13.70 |
13.76 |
+0.44% |
|
Al Hammadi |
24.80 |
24.90 |
+0.40% |
|
Arabian Cement |
25.25 |
25.35 |
+0.40% |
|
Yamama Cement |
15.50 |
15.56 |
+0.39% |
During the 10-minute auction period, investors can place buy and sell orders based on which the system calculates a fair price per stock, and this fair price serves as a reference price for the following trading day.
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